Angel Oak Mortgage, Inc. (NYSE:AOMR – Get Rating) was the recipient of a giant enhance briefly curiosity in the course of the month of March. As of March 31st, there was brief curiosity totalling 126,00zero shares, a rise of 103.2% from the March 15th whole of 62,00zero shares. At present, zero.5% of the shares of the corporate are bought brief. Primarily based on a mean each day quantity of 62,200 shares, the days-to-cover ratio is presently 2.zero days.
Shares of AOMR traded down $zero.25 throughout buying and selling hours on Friday, hitting $16.52. The inventory had a buying and selling quantity of 28,104 shares, in comparison with its common quantity of 66,155. The corporate’s fifty day shifting common is $16.36 and its two-hundred day shifting common is $16.79. The corporate has a fast ratio of two.14, a present ratio of two.14 and a debt-to-equity ratio of 1.25. Angel Oak Mortgage has a 52 week low of $14.15 and a 52 week excessive of $19.00.
Angel Oak Mortgage (NYSE:AOMR – Get Rating) final posted its earnings outcomes on Tuesday, March 15th. The corporate reported $zero.12 earnings per share for the quarter, lacking the Thomson Reuters’ consensus estimate of $zero.39 by ($zero.27). Equities analysis analysts anticipate that Angel Oak Mortgage will put up 1.96 EPS for the present fiscal yr.
The enterprise additionally just lately disclosed a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of report on Tuesday, March 22nd had been issued a dividend of $zero.45 per share. The ex-dividend date of this dividend was Monday, March 21st. This represents a $1.80 dividend on an annualized foundation and a yield of 10.90%. It is a optimistic change from Angel Oak Mortgage’s earlier quarterly dividend of $zero.36.
AOMR has been the topic of various current analysis experiences. Wells Fargo & Firm dropped their worth goal on shares of Angel Oak Mortgage from $23.00 to $21.00 and set an “obese” ranking for the corporate in a analysis word on Wednesday, March 16th. Zacks Investment Research upgraded shares of Angel Oak Mortgage from a “promote” ranking to a “maintain” ranking in a analysis word on Tuesday, February eighth. Three analysis analysts have rated the inventory with a maintain ranking and 4 have given a purchase ranking to the inventory. In response to knowledge from MarketBeat, Angel Oak Mortgage presently has a mean ranking of “Purchase” and a mean worth goal of $19.50.
In different Angel Oak Mortgage information, Director Jonathan Morgan acquired four,00zero shares of the corporate’s inventory in a transaction dated Friday, April 1st. The inventory was purchased at a mean worth of $16.40 per share, for a complete transaction of $65,600.00. Following the acquisition, the director now owns eight,211 shares within the firm, valued at roughly $134,660.40. The transaction was disclosed in a authorized submitting with the SEC, which is accessible via this link. Additionally, Director W D. Minami acquired three,700 shares of the corporate’s inventory in a transaction dated Wednesday, March 30th. The inventory was acquired at a mean worth of $16.28 per share, with a complete worth of $60,236.00. The disclosure for this buy will be discovered here.
Plenty of giant buyers have just lately modified their holdings of the enterprise. Royal Financial institution of Canada grew its holdings in Angel Oak Mortgage by 32.5% in the course of the third quarter. Royal Financial institution of Canada now owns three,313 shares of the corporate’s inventory value $55,00zero after buying an extra 813 shares over the past quarter. New York State Frequent Retirement Fund purchased a brand new stake in Angel Oak Mortgage in the course of the third quarter value about $25,00zero. Strs Ohio purchased a brand new stake in Angel Oak Mortgage in the course of the third quarter value about $28,00zero. Denali Advisors LLC acquired a brand new place in Angel Oak Mortgage in the course of the 4th quarter valued at about $34,00zero. Lastly, Advisor Group Holdings Inc. acquired a brand new place in Angel Oak Mortgage in the course of the 4th quarter valued at about $54,00zero. 70.02% of the inventory is presently owned by hedge funds and different institutional buyers.
About Angel Oak Mortgage (Get Rating)
Angel Oak Mortgage, Inc, an actual property finance firm, focuses on buying and investing in first lien non- certified mortgage loans and different mortgage-related property in america mortgage market. The corporate qualifies as an actual property funding belief for federal revenue tax functions. It usually wouldn’t be topic to federal company revenue taxes if it distributes not less than 90% of its taxable revenue to its stockholders.
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